High momentum stocks to keep an eye on 22-Feb-2023

High momentum stocks to keep an eye on! 

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:09 pm 630 Views
Listen icon

Looking for stocks that could deliver good returns soon? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model.      

Many participants see a stock opening with a gap-up and wish they should have bought this high momentum stock a day before to take advantage of the gap-up move. To fulfil this wish, we have come out with a unique system, which would help us to get the list of candidates that can be probable high momentum stocks for tomorrow.           

The high momentum stocks for tomorrow selected are based on a three-factor prudent model. The first important factor for this model is price, the second key factor is the pattern, and last but not least is the combination of momentum with volume. If a stock passes all these filters, it would flash in our system and as a result, it would help traders to spot the high momentum stocks for tomorrow at the right time!        

Here are the top high momentum stocks to keep an eye on:     

Symphony Ltd: The stock continues to be in a strong uptrend despite weakness in the market. It soared over 3% on Wednesday and recorded massive volume during the process. It has formed a series of higher highs and higher lows and thus indicates a positive trend. With the stock already trading at the day’s high, we can expect a good move in the next trading session.   

Bluestar Company: The scrip marked its all-time high level on Wednesday after it soared over 3% with huge volumes. The technical parameters indicate strong strength in the stock while rising volumes indicate strong participation. The technical setup appears bullish and thus, the stock is expected to open positively in the next trading session.

Cyient Ltd: The stock of CYIENT rose over 2% and has crossed above its prior swing high levels. The volumes have been above average lately and suggest strong trading activity. The stock is above all its key short-term and medium-term moving averages. The price action depicts positivity, and it is likely to be a trending stock in times to come.

How do you rate this blog?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Premji and Associates

"India, a land of opportunities, boasts one of the world's most popular stock markets. Within its dynamic landscape, the stock market presents significant potential for wealth accumulation for those who navigate it skillfully. Yet, it's essential to acknowledge the inherent risks; only a select group of accomplished traders consistently achieve profits.

Market Outlook for 29 November 2023

Post the extended weekend, our markets started the day marginally positive and traded within a narrow range. However, the last hour of the trade witnessed good momentum and the Nifty index surpassed the recent swing high and ended tad below 19900 with gains of half a percent.